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Fly News Breaks for August 6, 2015
ALDR
Aug 6, 2015 | 06:06 EDT
Leerink analyst Joseph Schwartz raised his price target for Alder Biopharmaceuticals to $62 following the company's Q2 results and reiterates an Overweight rating on the name. Multiple data catalysts before year-end could further solidify ALD-403's best and first in class profile for prophylactic treatment of chronic migraine and episodic migraine, Schwartz tells investors in a post-earnings research note.
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